Method and system for performing a cash transaction with a self-service financial transaction terminal

ABSTRACT

A method and system for performing a cash transaction with a self-service financial transaction terminal makes use of computer hardware and software that allows a financial institution cardholder to authorize a recipient to withdraw a specified amount of cash at an ATM of the particular financial institution. The cardholder can set up the transaction, for example, from any telephone using an interactive voice response (IVR) system, or by utilizing the application at a financial institution ATM, or by using an Internet website application. The originator can set up the recipient&#39;s ATM transaction to be either cardless or card-initiated.

PRIORITY APPLICATION

[0001] This application claims the benefit of U.S. ProvisionalApplication No. 60/219,768 filed Jul. 20, 2000, entitled “Method andSystem for Performing a Cash Transaction With a Self-Service FinancialTransaction Terminal (Phone Cash),” which is incorporated herein by thisreference.

CROSS REFERENCE TO RELATED APPLICATIONS

[0002] This application relates to U.S. patent application Ser. No.09/378,961 filed Aug. 23, 1999, entitled “Method and System ForTransferring Funds From An Account To An Individual,” which isincorporated herein by this reference.

FIELD OF THE INVENTION

[0003] The present invention relates generally to the field ofself-service financial transaction terminals and more particularly to amethod and system for performing a cash transaction with a self-servicefinancial transaction terminal or automatic teller machine (ATM).

BACKGROUND OF THE INVENTION

[0004] It is not currently possible for the holder of an ATM transactioncard to authorize another person, such as a non-cardholder who does nothave a banking relationship with the cardholder's bank, to get cash fromthe cardholder's checking account, such as the cardholder's demanddeposit checking account or other account of the cardholder, at an ATM.Even though the other person may have banking relationships with one ormore banks other than the cardholder's bank, the cardholder cannotauthorize a transfer of cash from his or her checking account through anATM transaction to the other person who does not have access to thecardholder's checking account. There is a present need for a way toenable a transaction cardholder to authorize another person to withdrawa specified amount of cash from the cardholder's bank account at an ATMof the cardholder's bank, for example, to make a cash payment to theother person.

SUMMARY OF THE INVENTION

[0005] It is a feature and advantage of the present invention to providea method and system for performing a cash transaction with an ATM thatenables a transaction cardholder to authorize another person to withdrawa specified amount of cash from the cardholder's bank account at any ATMof the cardholder's bank, for example, to make a cash payment to theother person.

[0006] It is another feature and advantage of the present invention toprovide a method and system for performing a cash transaction with anATM which enables the holder of an ATM transaction card to authorizeanother person who does not have a banking relationship with thecardholder's bank to get cash from the cardholder's checking account,such as the cardholder's demand deposit checking account or otheraccount of the cardholder, at the ATM.

[0007] It is a further feature and advantage of the present invention toprovide a method and system for performing a cash transaction with anATM that enables the cardholder-originator to set up the ATM transactionfor another person to withdraw cash, for example, from a telephone usingan interactive voice response (IVR) system, an application on the ATM,or an Internet website application as an access portal.

[0008] It is an additional feature and advantage of the presentinvention to provide a method and system for performing a cashtransaction with an ATM that allows the cardholder-originator to specifya time interval within which the recipient can pick up the cash at theATM, such as immediately or at a later date and/or only between certaindates.

[0009] To achieve the stated and other features, advantages and objectsof the present invention, an embodiment of the present inventionutilizes computer hardware and software to provide a method and systemfor performing a cash transaction with a self-service financialtransaction terminal which enables the holder of a bank's transactioncard to authorize another person who is a non-cardholder-recipient towithdraw a specified amount of cash at any ATM within the bank's ATMsystem. The cardholder-originator can set up the transaction, forexample, from a telephone using an IVR system, or utilizing anapplication on the ATM, or using an Internet website application. Theoriginator can set up the recipient's ATM transaction to be eithercardless or card initiated.

[0010] In the method and system for an embodiment of the presentinvention, the originator is allowed to access a financial institutionserver, such as an interactive voice response server, via an accessportal, such as a telephonic device. Alternatively, the originator isallowed to access the financial institution server, for example, via aninput device at a self-service financial transaction terminal of thefinancial institution, such as an ATM, or via an Internet websiteapplication. The IVR server receives the originator's transaction cardnumber and personal identification number via entry, for example, on atelephone keypad. The IVR server then notifies the originator of abalance of a financial institution account of the originator and allowsthe originator to enter a selection of a transfer option from a voicemenu of the IVR server.

[0011] Upon entry of the originator's selection of the transfer option,the financial institution server receives recipient identificationinformation entered by the originator via the access portal in responseto prompts. The recipient identification information includes, forexample, either a transaction card number for the recipient, if theoriginator selects a transaction card initiated transaction option forthe recipient, or a cardless identifier for the recipient, if theoriginator selects a cardless transaction option for the recipient. Thetransaction card number can be, for example, a credit card number or anATM card number for the recipient, and the cardless identifier can be analphabetic, numeric, or alphanumeric identifier known to the recipient.

[0012] Upon receipt of the recipient identification information, thetransaction terminal server confirms the information to the originatorvia the access portal. In addition, the originator can specify one ormore predefined parameters for withdrawal of the cash by the recipient,such as a predetermined time period within which the withdrawal of thecash by the recipient is allowed or an enabling event, such as atelephone call, upon which withdrawal of the cash by the recipient isconditioned. On receiving the recipient identification information, thefinancial institution server randomly generates and furnishes theoriginator a unique authentication code associated with the recipientidentification information via the access portal.

[0013] Thereafter, in response to prompts, the financial institutionserver receives a designation from the originator via the access portalof an amount of cash authorized for withdrawal by the recipient at anyone of a number of financial institution transaction terminals or ATMs,as well as a source account for the authorized cash withdrawal, such asa checking account, savings account, or credit card account of theoriginator. The amount of cash authorized for withdrawal is immediatelydeducted from the source account and held in a temporary account pendingwithdrawal of the cash by the recipient. The financial institutionserver confirms the designated amount of cash authorized for withdrawalto the originator and offers the originator an option to cancel.

[0014] In addition, the originator is offered a selection of options ofwhether or not the originator is to be notified when the authorized cashis withdrawn by the recipient. If the originator selects thenotification option, contact information for the originator, such as atelephone number, fax number, or an email address for the originator, isreceived from the originator in response to prompts, and the financialinstitution server confirms the contact information to the originatorvia the access portal. Thereafter, the financial institution servernotifies the originator that the authorized cash is available forwithdrawal by the recipient at any one of the plurality of financialinstitution transaction terminals or ATMs.

[0015] If the originator furnished a transaction card number for therecipient, the originator is notified of a requirement for the recipientto dip a transaction card associated with the transaction card numberand to enter the unique authentication code at the transaction terminalfor withdrawal of the cash. On the other hand, if the originatorfurnished a cardless identifier for the recipient, the originator isnotified of a requirement for the recipient to enter the cardlessidentifier and the unique authentication code at the transactionterminal for withdrawal of the cash. In addition, if the originatorselected the option for notification when the authorized cash iswithdrawn by the recipient, the originator is reminded that aconfirmation call will be made to the originator when the cash iswithdrawn.

[0016] Assuming that the recipient is made aware of the availability ofthe authorized cash for withdrawal, the authentication code, and theparticular recipient identification information furnished by theoriginator, the recipient can withdraw the cash at any one of a numberof financial institution transaction terminals or ATMs. At thetransaction terminal or ATM, the recipient enters the uniqueauthentication code generated by the financial institution server andthe recipient identification information that was furnished by theoriginator. The authentication code and recipient identificationinformation are verified by a financial institution back office server,and the back office server confirms a transaction pending for the cashwithdrawal based on the verification and authorizes the recipient'swithdrawal of the cash to the transaction terminal or ATM. If theoriginator selected the option for notification of the withdrawal, theoriginator is also notified, for example, of the date and location ofthe withdrawal.

[0017] Additional objects, advantages and novel features of theinvention will be set forth in part in the description which follows,and in part will become more apparent to those skilled in the art uponexamination of the following or may be learned by practice of theinvention.

BRIEF DESCRIPTION OF THE ATTACHMENTS

[0018]FIG. 1 is a schematic diagram which illustrates an overviewexample of key components and the flow of information between keycomponents of the system for an embodiment of the present inventionutilizing an IVR application:

[0019]FIG. 2 is a flow chart which illustrates an example of process ofarranging a special withdrawal transaction by telephone via the IVRapplication according to the method for an embodiment of the presentinvention;

[0020] FIGS. 3-7 illustrate a sample IVR script for the process ofrequesting a special withdrawal transaction via telephone for anembodiment of the present invention; and

[0021]FIG. 8 is a sample IVR script for the process of notifying theoriginator by telephone of the cash withdrawal in the method for anembodiment of the present invention.

DETAILED DESCRIPTION

[0022] Referring now to an embodiment of the invention, an example ofwhich is illustrated in the accompanying drawings, the method and systemfor an embodiment of the present invention allows a financialinstitution cardholder to authorize a non-cardholder-recipient towithdraw a specified amount of cash at an ATM of the particularfinancial institution. The cardholder can set up the transaction, forexample, from any telephone using an interactive voice response (IVR)system, or by utilizing the application at a financial institution ATM,or by using an Internet website application for an embodiment of theinvention. The originator can set up the recipient's ATM transaction tobe either cardless or card-initiated.

[0023]FIG. 1 is a schematic diagram which illustrates an overviewexample of key components and the flow of information between keycomponents of the system for an embodiment of the present inventionutilizing, for example, an IVR application. Referring to FIG. 1, in theIVR aspect, the originator 10 at a telephone 12 sets up a transactionagainst his or her account as a type of future transaction, and isassigned an authorization code and other identifying information. Otheraccess portals for setting up the transaction include, for example,through the Internet and through the ATM machine itself. The transactionis set up with a bank IVR server 14 which prompts the originator via thetelephone 12, Internet or ATM access portal for the amount of thetransfer and identifying information for the recipient 16 exactly as itwill be entered by the recipient 16, such as numbers, letters, or thelike, or a credit card or ATM card number. The identifying informationfor the recipient 16 will not allow the recipient 16 to access theoriginator's account but serves to identify the recipient 16. The bankIVR server 14 records that information.

[0024] In an embodiment of the present invention the originator 10 isable to specify, for example, a time interval within which the recipientcan pick up the cash at an ATM 18, such as immediately or at a laterdate and/or only between certain dates. Thus, the cash can be set up forwithdrawal by the recipient 16 subject to date restrictions, if any.Once the originator 10 sets up the ATM transaction for the recipient 16,all that the recipient 16 is required to do is to go to an ATM 18,identify himself or herself using a unique identification code that wasissued when the transaction was set up, and the recipient 16 canwithdraw the cash or a portion of the cash. Another aspect of anembodiment of the present invention is that once the cash is withdrawnby the recipient 16, a verification or confirmation telephone call isplaced to the originator 10 who set up the transaction, giving the date,time and location of the ATM 18 at which the cash was withdrawn.

[0025] When the originator 10 sets up the authorization for the cashtransaction for an embodiment of the present invention, the amount ofcash specified by the originator 10 for the transfer plus a fee isimmediately withdrawn from the source account designated by theoriginator 10. The specified amount of cash is then put into atransaction or escrow account, which is a temporary account awaitingpick-up by the recipient 16. The recipient 16 is not limited to pickingup the cash at a specific ATM but can pick up the cash at any ATM in thebank's ATM system. The recipient 16 must identify himself or herself atthe ATM 18 using the unique identification information that was providedby the originator 10.

[0026] In an embodiment of the present invention, once the recipient 16enters the identification information at the ATM 18, the uniqueidentification information is recognized by the bank's network hostcomputer 20, which then confirms a transaction pending in thetransaction account and authorizes the cash withdrawal to the ATM. Asfar as the ATM 18 is concerned, the ATM 18 has simply performed a normalcash withdrawal application, albeit against an escrow account or atemporary account with the bank. Subject to applicable rules andregulations, the originator 10 can designate any linked account, such asa checking account, savings account, or possibly a credit card account,as the source of the funds for the withdrawal, depending on the customerand the customer profile.

[0027]FIG. 2 is a flow chart which illustrates an example of the processof arranging a special withdrawal transaction by telephone via the IVRapplication according to the method for an embodiment of the presentinvention. Referring to FIG. 2, assume, for example, that the financialinstitution cardholder-originator 10 wishes to authorize thenon-cardholder-recipient 16 to withdraw a specific amount of cash from afinancial institution ATM 18, with the cash to be deducted from theoriginator's financial institution account. At S1, the originator 10calls a toll-free number for the financial institution IVR server 14from any telephone 12 to set up the transaction. At S2, the originator10 uses the telephone keypad 22 to enter his/her financial institutiontransaction card number and financial institution access number andselects a transfer option from a voice menu. At S3, the IVR system 14prompts the originator 10 to enter information, such as the recipient'sname or an identification phrase known by recipient 16, spelled exactlyas it will be entered by the recipient 16 at the ATM 18, or any magneticstripe card account number owned by the recipient 16, the amount of cashwithdrawal to be authorized, and the originator's telephone, fax, oremail number for confirmation of the transaction

[0028] Referring further to FIG. 2, at S4, the IVR system 14 confirmsthese items to the originator 10, voicing the spelling of the name orthe code word. The IVR system 14 also generates and voices a uniquealphabetic code word, which the originator 10 must record. At S4, theoriginator 10 provides the ID and code word to the recipient 16. At S5,the recipient 16 can then visit any financial institution ATM 18 andaccess the application for an embodiment of the present invention usingeither the ID or the registered card number, and authenticated by thecode word. At S6, the bank's network host computer system 20 verifiesthe items entered by the recipient 16 at the ATM 18, and once theseitems are verified by the system 20, at S7, the recipient 16 canwithdraw the authorized amount of cash from the ATM 18. In addition, theoriginator 10 can impose a valid pick-up date restriction, and therecipient 16 can make a withdrawal of a partial amount of the totalauthorized by the originator 10.

[0029] FIGS. 3-7 illustrate a sample IVR script for the process ofrequesting a special withdrawal transaction by telephone for anembodiment of the present invention. Referring to FIGS. 3-7, at S10, theoriginator 10 dials up the IVR number and is furnished information aboutthe transfer service, and at S11, the originator 10 enters a bankcardnumber in response to a prompt. At S12,the originator 10 enters a PINnumber in response to a prompt, and at S13, the originator 10 isnotified of his or her checking account balance. At S14, the originator10 is asked whether the recipient 16 will use the number of an ATM cardor credit card for identification. If the originator 10 responds in theaffirmative, at S15, the originator 10 enters the recipient's cardnumber in response to a prompt, and at S16, the originator 10 isrequested to confirm or correct the entered number. If, at S14, theoriginator 10 responded in the negative, at S17, in response to aprompt, the originator 10 enters an identification number that therecipient 16 will use at the ATM. At S18, the originator 10 is requestedto confirm or correct the entered identification number.

[0030] Referring further to FIGS. 3-7, at S19, a unique and randomizedauthentication code is generated and furnished to the originator 10, andat S20, the originator 10 enters an amount of the cash transfer inresponse to a prompt. At S21, the originator 10 is requested to confirmor correct the entered amount, and at S22, the originator 10 isrequested to confirm or cancel the transaction. At S23, the originator10 is offered an option to be notified by telephone when the recipient16 withdraws the cash, and if the response is affirmative, theoriginator 10 enters a telephone number at S24 and confirms or correctsthe number at S25 in response to prompts. At S26, the originator 10 isadvised that the cash is available to be picked up by the recipient 16.

[0031] Referring again to FIGS. 3-7, if a card number for the recipient16 was furnished at S15, at S27, the originator 10 is notified that therecipient 16 will be asked to dip the card and enter the authenticationcode to withdraw the cash at an ATM 18. Otherwise, if the originator 10entered an identification number for the recipient 16 at S17, at S28,the originator 10 will be notified that the recipient 16 will be askedto enter the identification number and authentication code to withdrawthe cash at an ATM 18. At S29, the originator 10 is notified that therecipient 16 will receive the authorized cash, and at S30, theoriginator 10 is notified that a confirmation call will be made to theoriginator 10 when the cash is withdrawn. At S31 the originator 10 isoffered an opportunity to set up another cash transfer, and at S32, thesession is concluded with a “Thank You.” FIG. 8 is a sample IVR scriptfor the process of notifying the originator 10 by telephone of the cashwithdrawal in the method for an embodiment of the present invention.Referring to FIG. 8, at S40, after the recipient 16 withdraws the cashusing the transfer service, the system generates a telephone call to theoriginator's telephone number. At S41, the originator 10 is notifiedthat the cash was withdrawn and the date and location of the ATM 18 atwhich the cash was withdrawn.

[0032] An embodiment of the present invention facilitates various typesof transfers or payments of cash, such as a transfer of cash by theoriginator 10 to his or her child-recipient 16 at college. For example,if a son or daughter of the originator 10 in college at a distantlocation needs $500 cash immediately, the system and method of thepresent invention provides a way for the son or daughter to pick up thecash with the convenience of a two-minute telephone call from his or herparent. Another example of use of the method and system of the presentinvention includes a householder who goes on a trip and forgets to leavemoney for the twice-weekly cleaning person. The householder-originator10 can likewise arrange a pick-up of cash for the cleaningperson-recipient 16 at the ATM 18. An additional example of use of anembodiment of the present invention includes settlement of a debt acrosscountry with a partner or business associate.

[0033] A further example of use of an embodiment of the presentinvention is payment to a seller in a transaction, such as an on-lineauction. If the originator 10 places no restrictions on the pick-up bythe recipient 16 of the cash at an ATM 18, the cash can be picked upvirtually immediately. However, the buyer-originator 10 in an on-lineauction transaction can specify a pre-determined delay, such as twodays, on the pick-up time to allow the buyer-originator 10 to receivethe purchased goods or the like. Further, instead of specifying abeginning date and an ending date for the permitted pick-up interval, analternate embodiment of the present invention makes use of an enablingevent, such as a telephone call or other message, from or on behalf ofthe originator 10 to actually enable the release of funds from theescrow.

[0034] Various preferred embodiments of the invention have beendescribed in fulfillment of the various objects of the invention. Itshould be recognized that these embodiments are merely illustrative ofthe principles of the present invention. Numerous modifications andadaptations thereof will be readily apparent to those skilled in the artwithout departing from the spirit and scope of the present invention.

What is claimed is:
 1. A method for performing a cash transaction with aself-service financial transaction terminal, comprising: allowing anoriginator to access a financial institution server via an accessportal; receiving recipient identification information from theoriginator by the financial institution server via the access portal;furnishing a unique authentication code associated with the recipientidentification information to the originator by the financialinstitution server via the access portal; receiving a designation fromthe originator by the financial institution server via the access portalof an amount of cash authorized for withdrawal by the recipient at anyone of a plurality of financial institution transaction terminals and asource account for the amount of cash authorized for withdrawal;receiving a selection from the originator by the financial institutionserver via the access portal for one of an option for notification ofthe originator and an option for non-notification of the originator whenthe authorized cash is withdrawn by the recipient; notifying theoriginator by the financial institution server via the access portal ofan availability of the authorized cash for withdrawal by the recipientat any one of the plurality of financial institution transactionterminals; allowing withdrawal of the cash by the recipient at one ofthe plurality of financial institution transaction terminal; and if theoriginator's selection of the option for notification of the originatoris received, notifying the originator of the withdrawal of the cash. 2.The method of claim 1, wherein allowing the originator to access theserver further comprises allowing the originator to access aninteractive voice response server via a telephonic device.
 3. The methodof claim 2, wherein allowing the originator to access the interactivevoice response server further comprises receiving an originator'stransaction card number and personal identification number from theoriginator by the interactive voice response server.
 4. The method ofclaim 3, wherein allowing the originator to access the interactive voiceresponse server further comprises allowing the originator to enter theoriginator's transaction card number and personal identification numbervia a telephone keypad.
 5. The method of claim 3, wherein allowing theoriginator to access the interactive voice response server furthercomprises notifying the originator of a balance of a financialinstitution account of the originator by the interactive voice responseserver via the access portal.
 6. The method of claim 3, wherein allowingthe originator to access the interactive voice response server furthercomprises allowing the originator to enter a selection of a transferoption from a voice menu of the interactive voice response server. 7.The method of claim 1, wherein allowing the originator to access theserver further comprises allowing the originator to access the servervia an input device at a self-service financial transaction terminal ofthe financial institution.
 8. The method of claim 1, wherein allowingthe originator to access the server further comprises allowing theoriginator to access the server via an Internet website application. 9.The method of claim 1, wherein receiving the recipient identificationinformation further comprises receiving one of a transaction card numberfor the recipient and a cardless identifier for the recipient from theoriginator.
 10. The method of claim 9, wherein receiving the transactioncard number for the recipient further comprises receiving a selectionfrom the originator of a transaction card initiated transaction terminaltransaction for the recipient.
 11. The method of claim 9, whereinreceiving the transaction card number for the recipient furthercomprises receiving one of a credit card number and an ATM card numberfor the recipient.
 12. The method of claim 9, wherein receiving thecardless identifier for the recipient further comprises receiving aselection from the originator of a cardless transaction terminaltransaction for the recipient.
 13. The method of claim 12, whereinreceiving the cardless identifier for the recipient further comprisesreceiving one of an alphabetic, a numeric, and an alphanumericidentifier known to the recipient.
 14. The method of claim 1, whereinreceiving the recipient identification information further comprisesconfirming the recipient identification information to the originator bythe transaction terminal server via the access portal.
 15. The method ofclaim 1, wherein receiving the recipient identification informationfurther comprises receiving a specification of a predefined parameterfrom the originator for withdrawal of the cash by the recipient.
 16. Themethod of claim 15, wherein receiving the specification of thepredefined parameter for withdrawal of the cash further comprisesreceiving a specification from the originator of a predetermined timeperiod within which the withdrawal of the cash by the recipient isallowed.
 17. The method of claim 15, wherein receiving the specificationof the predefined parameter for withdrawal of the cash further comprisesreceiving a specification from the originator of an enabling event uponwhich withdrawal of the cash by the recipient is conditioned.
 18. Themethod of claim 1, wherein receiving the designation of the amount ofcash authorized for withdrawal and the source account further comprisesreceiving the designation of one of a checking account, a savingsaccount, and a credit card account of the originator as the sourceaccount.
 19. The method of claim 1, wherein receiving the designation ofthe amount of cash authorized for withdrawal and the source accountfurther comprises deducting the amount of cash authorized for withdrawalfrom the source account.
 20. The method of claim 19, wherein deductingthe amount of cash authorized for withdrawal further comprises holdingthe deducted amount of cash in a temporary account pending withdrawal ofthe cash by the recipient.
 21. The method of claim 1, wherein receivingthe designation of the amount of cash authorized for withdrawal by therecipient further comprises confirming the designation to the originatorby the financial institution server via the access portal.
 22. Themethod of claim 21, wherein confirming the designation of the amount ofcash authorized for withdrawal further comprises offering the originatoran option to cancel by the financial institution terminal via the accessportal.
 23. The method of claim 1, wherein, if the selection for theoption for notification of the originator is received, receiving theselection for the option for notification of the originator furthercomprises receiving contact information for the originator by thefinancial institution server via the access portal.
 24. The method ofclaim 23, wherein receiving the contact information for the originatorfurther comprises receiving one of a telephone number, a fax number, andan email address for the originator.
 25. The method of claim 24, whereinreceiving the contact information for the originator further comprisesconfirming the contact information to the originator by the financialinstitution server via the access portal.
 26. The method of claim 1,wherein, if a transaction card number for the recipient is received bythe financial institution server from the originator via the accessportal, notifying the originator of the availability of the authorizedcash for withdrawal further comprises notifying the originator of arequirement for the recipient to dip a transaction card associated withthe transaction card number and to enter the unique authentication codeat the transaction terminal for withdrawal of the cash.
 27. The methodof claim 1, wherein, if a cardless identifier for the recipient isreceived by the financial institution server from the originator via theaccess portal, notifying the originator of the availability of theauthorized cash for withdrawal further comprises notifying theoriginator of a requirement for the recipient to enter the cardlessidentifier and the unique authentication code at the transactionterminal for withdrawal of the cash.
 28. The method of claim 1, wherein,if the originator's selection of the option for notification of theoriginator is received, notifying the originator of the availability ofthe designated cash for the withdrawal by the recipient furthercomprises notifying the originator that a confirmation call will be madeto the originator when the cash is withdrawn.
 29. The method of claim 1,wherein allowing withdrawal of the cash by the recipient furthercomprises receiving the unique authentication code and recipientidentification information from the recipient at the transactionterminal.
 30. The method of claim 29, wherein receiving the recipientidentification information from the recipient further comprisesreceiving one of a transaction card number for the recipient and acardless identifier for the recipient.
 31. The method of claim 29,wherein receiving the authentication code and recipient identificationinformation from the recipient further comprises verifying theauthentication code and recipient identification information by afinancial institution back office server.
 32. The method of claim 31,wherein verifying the authentication code and recipient identificationinformation further comprises confirming a transaction pending for theauthorized cash withdrawal by the financial institution back officeserver based on the verified authentication code and recipientidentification information.
 33. The method of claim 32, whereinconfirming the transaction pending by the financial institution backoffice server further comprises authorizing the recipient's withdrawalof the cash to the transaction terminal by the back office server. 34.The method of claim 1, wherein allowing withdrawal of the cash by therecipient further comprises allowing the withdrawal of a portion of thecash authorized for withdrawal by the recipient.
 35. The method of claim1, wherein notifying the originator of the withdrawal further comprisesnotifying the originator according to contact information furnished bythe originator.
 36. The method of claim 35, wherein notifying theoriginator of the withdrawal further comprises notifying the originatorby one of telephonic notification, fax notification, and emailnotification according to the contact information furnished by theoriginator.
 37. The method of claim 1, wherein notifying the originatorof the withdrawal further comprises notifying the originator of a dateand a location of the transaction terminal of the withdrawal.
 38. Asystem for performing a cash transaction with a self-service financialtransaction terminal, comprising: means for allowing an originator toaccess a financial institution server via an access portal; means forreceiving recipient identification information from the originator bythe financial institution server via the access portal; means forfurnishing a unique authentication code associated with the recipientidentification information to the originator by the financialinstitution server via the access portal; means for receiving adesignation from the originator by the financial institution server viathe access portal of an amount of cash authorized for withdrawal by therecipient at any one of a plurality of financial institution transactionterminals and a source account for the amount of cash authorized forwithdrawal; means for receiving a selection from the originator by thefinancial institution server via the access portal for one of an optionfor notification of the originator and an option for non-notification ofthe originator when the authorized cash is withdrawn by the recipient;means for notifying the originator by the financial institution servervia the access portal of an availability of the authorized cash forwithdrawal by the recipient at any one of the plurality of financialinstitution transaction terminals; means for allowing withdrawal of thecash by the recipient at one of the plurality of financial institutiontransaction terminal; and means for notifying the originator of thewithdrawal of the cash if the originator's selection of the option fornotification of the originator is received.
 39. The system of claim 38,wherein the means for allowing the originator to access the serverfurther comprises means for allowing the originator to access aninteractive voice response server via a telephonic device.
 40. Thesystem of claim 39, wherein the means for allowing the originator toaccess the interactive voice response server further comprises means forreceiving an originator's transaction card number and personalidentification number from the originator by the interactive voiceresponse server.
 41. The system of claim 40, wherein the means forallowing the originator to access the interactive voice response serverfurther comprises means for allowing the originator to enter theoriginator's transaction card number and personal identification numbervia a telephone keypad.
 42. The system of claim 40, wherein the meansfor allowing the originator to access the interactive voice responseserver further comprises means for notifying the originator of a balanceof a financial institution account of the originator by the interactivevoice response server via the access portal.
 43. The system of claim 40,wherein the means for allowing the originator to access the interactivevoice response server further comprises means for allowing theoriginator to enter a selection of a transfer option from a voice menuof the interactive voice response server.
 44. The system of claim 38,wherein the means for allowing the originator to access the serverfurther comprises means for allowing the originator to access the servervia an input device at a self-service financial transaction terminal ofthe financial institution.
 45. The system of claim 38, wherein the meansfor allowing the originator to access the server further comprises meansfor allowing the originator to access the server via an Internet websiteapplication.
 46. The system of claim 38, wherein the means for receivingthe recipient identification information further comprises means forreceiving one of a transaction card number for the recipient and acardless identifier for the recipient from the originator.
 47. Thesystem of claim 46, wherein the means for receiving the transaction cardnumber for the recipient further comprises means for receiving aselection from the originator of a transaction card initiatedtransaction terminal transaction for the recipient.
 48. The system ofclaim 46, wherein the means for receiving the transaction card numberfor the recipient further comprises means for receiving one of a creditcard number and an ATM card number for the recipient.
 49. The system ofclaim 46, wherein the means for receiving the cardless identifier forthe recipient further comprises means for receiving a selection from theoriginator of a cardless transaction terminal transaction for therecipient.
 50. The system of claim 49, wherein the means for receivingthe cardless identifier for the recipient further comprises means forreceiving one of an alphabetic, a numeric, and an alphanumericidentifier known to the recipient.
 51. The system of claim 38, whereinthe means for receiving the recipient identification information furthercomprises means for confirming the recipient identification informationto the originator by the transaction terminal server via the accessportal.
 52. The system of claim 38, wherein the means for receiving therecipient identification information further comprises means forreceiving a specification of a predefined parameter from the originatorfor withdrawal of the cash by the recipient.
 53. The system of claim 52,wherein the means for receiving the specification of the predefinedparameter for withdrawal of the cash further comprises means forreceiving a specification from the originator of a predetermined timeperiod within which the withdrawal of the cash by the recipient isallowed.
 54. The system of claim 52, wherein the means for receiving thespecification of the predefined parameter for withdrawal of the cashfurther comprises means for receiving a specification from theoriginator of an enabling event upon which withdrawal of the cash by therecipient is conditioned.
 55. The system of claim 38, wherein the meansfor receiving the designation of the amount of cash authorized forwithdrawal and the source account further comprises means for receivingthe designation of one of a checking account, a savings account, and acredit card account of the originator as the source account.
 56. Thesystem of claim 38, wherein the means for receiving the designation ofthe amount of cash authorized for withdrawal and the source accountfurther comprises means for deducting the amount of cash authorized forwithdrawal from the source account.
 57. The system of claim 56, whereinthe means for deducting the amount of cash authorized for withdrawalfurther comprises means for holding the deducted amount of cash in atemporary account pending withdrawal of the cash by the recipient. 58.The system of claim 38, wherein the means for receiving the designationof the amount of cash authorized for withdrawal by the recipient furthercomprises means for confirming the designation to the originator by thefinancial institution server via the access portal.
 59. The system ofclaim 58, wherein the means for confirming the designation of the amountof cash authorized for withdrawal further comprises means for offeringthe originator an option to cancel by the financial institution terminalvia the access portal.
 60. The system of claim 38, wherein the means forreceiving the selection for the option for notification of theoriginator further comprises means for receiving contact information forthe originator by the financial institution server via the access portalif the selection for the option for notification of the originator isreceived.
 61. The system of claim 60, wherein the means for receivingthe contact information for the originator further comprises means forreceiving one of a telephone number, a fax number, and an email addressfor the originator.
 62. The system of claim 61, wherein the means forreceiving the contact information for the originator further comprisesmeans for confirming the contact information to the originator by thefinancial institution server via the access portal.
 63. The system ofclaim 38, wherein the means for notifying the originator of theavailability of the authorized cash for withdrawal further comprisesmeans for notifying the originator of a requirement for the recipient todip a transaction card associated with the transaction card number andto enter the unique authentication code at the transaction terminal forwithdrawal of the cash if a transaction card number for the recipient isreceived by the financial institution server from the originator via theaccess portal.
 64. The system of claim 38, wherein the means fornotifying the originator of the availability of the authorized cash forwithdrawal further comprises means for notifying the originator of arequirement for the recipient to enter the cardless identifier and theunique authentication code at the transaction terminal for withdrawal ofthe cash if a cardless identifier for the recipient is received by thefinancial institution server from the originator via the access portal.65. The system of claim 38, wherein the means for notifying theoriginator of the availability of the designated cash for the withdrawalby the recipient further comprises means for notifying the originatorthat a confirmation call will be made to the originator when the cash iswithdrawn if the originator's selection of the option for notificationof the originator is received.
 66. The system of claim 38, wherein themeans for allowing withdrawal of the cash by the recipient furthercomprises means for receiving the unique authentication code andrecipient identification information from the recipient at thetransaction terminal.
 67. The system of claim 66, wherein the means forreceiving the recipient identification information from the recipientfurther comprises means for receiving one of a transaction card numberfor the recipient and a cardless identifier for the recipient.
 68. Thesystem of claim 66, wherein the means for receiving the authenticationcode and recipient identification information from the recipient furthercomprises means for verifying the authentication code and recipientidentification information by a financial institution back officeserver.
 69. The system of claim 68, wherein the means for verifying theauthentication code and recipient identification information furthercomprises means for confirming a transaction pending for the authorizedcash withdrawal by the financial institution back office server based onthe verified authentication code and recipient identificationinformation.
 70. The system of claim 69, wherein the means forconfirming the transaction pending by the financial institution backoffice server further comprises means for authorizing the recipient'swithdrawal of the cash to the transaction terminal by the back officeserver.
 71. The system of claim 38, wherein the means for allowingwithdrawal of the cash by the recipient further comprises means forallowing the withdrawal of a portion of the cash authorized forwithdrawal by the recipient.
 72. The system of claim 38, wherein themeans for notifying the originator of the withdrawal further comprisesmeans for notifying the originator according to contact informationfurnished by the originator.
 73. The system of claim 72, wherein themeans for notifying the originator of the withdrawal further comprisesmeans for notifying the originator by one of telephonic notification,fax notification, and email notification according to the contactinformation furnished by the originator.
 74. The system of claim 38,wherein the means for notifying the originator of the withdrawal furthercomprises means for notifying the originator of a date and a location ofthe transaction terminal of the withdrawal.